Saw Pipes posted 150% rise in net profit to Rs 50 m. This is even more significant given the fact that sales fell 42.5% to Rs 410 m. This can be attributed to 55% decline in expenditure and 19.9% fall in interest cost.
(Rs m) | 2QFY2000 | 2QFY1999 | Change |
Net Sales | 410 | 714 | -42.5% |
Other Income | 11 | 20 | -47.9% |
Expenditure | 270 | 601 | -55.0% |
Interest | 70 | 88 | -19.9% |
Depreciation | 30 | 25 | 17.6% |
Profit before Tax | 50 | 20 | 149.8% |
Tax | - | - | |
Profit after Tax | 50 | 20 | 149.6% |
Net profit margin | 12.3% | 2.8% |
For the quarter ended June 2020, JINDAL SAW LTD has posted a net profit of Rs 100 m (down 93.1% YoY). Sales on the other hand came in at Rs 13 bn (down 47.8% YoY). Read on for a complete analysis of JINDAL SAW LTD's quarterly results.
For the quarter ended September 2019, JINDAL SAW LTD has posted a net profit of Rs 3 bn (up 202.5% YoY). Sales on the other hand came in at Rs 24 bn (up 0.7% YoY). Read on for a complete analysis of JINDAL SAW LTD's quarterly results.
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